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“Fourth quarter same-store sales trends improved slightly over our third quarter,” said Eric Bakken, EVP, Interim Chief Executive Officer. “We are pleased with the significant progress made during the quarter as we continue to roll-out our strategy to improve the salon experience. During the quarter, we realigned our business into four distinct consumer segments and restructured our field organization around these segments. This reorganization increased focus, freed up resources and allowed us to establish a robust human resource function, which will help us hire and retain the best talent in our salons. Our new operating structure puts the right people in the right roles and provides us with the foundation to substantially improve the salon experience. Meaningful change is underway at Regis and, as we look forward to fiscal 2013, we expect these changes will drive improvement in our same-store sales results.”

Fourth Quarter Revenues:

For the Three Months Ended June 30, 2012

Salons

Hair Restoration

North America

International

Centers

Consolidated

(Dollars in thousands)

Revenues:

Service

$

381,432

$

30,444

$

17,723

$

429,599

Product

96,692

10,529

20,967

128,188

Royalties and fees

9,744

-

597

10,341

Total

$

487,868

$

40,973

$

39,287

$

568,128

For the Three Months Ended June 30, 2011

Salons

Hair Restoration

North America

International

Centers

Consolidated

(Dollars in thousands)

Revenues:

Service

$

403,982

$

31,187

$

17,228

$

452,397

Product

98,160

11,380

19,875

129,415

Royalties and fees

9,581

-

592

10,173

Total

$

511,723

$

42,567

$

37,695

$

591,985

Fourth Quarter Same-Store Sales:

For the Three Months Ended June 30,

2012

2011

Service

Retail

Total

Service

Retail

Total

Regis Salons

-6.4%

1.3%

-5.1%

-3.1%

5.1%

-1.8%

MasterCuts

-4.9

2.9

-3.5

-2.7

5.0

-1.4

Supercuts

0.5

0.4

0.5

0.8

-4.7

0.2

Promenade

-2.6

-3.0

-2.7

-1.5

-0.1

-1.3

SmartStyle

-6.3

-1.2

-4.6

-1.8

-4.3

-2.6

North America Same-Store Sales

-4.0%

-0.5%

-3.3%

-1.7%

-1.3%

-1.6%

International Same-Store Sales

-5.2%

-10.0%

-6.6%

-5.8%

-4.9%

-5.5%

Hair Restoration Same-Store Sales

3.7%

5.0%

4.4%

0.4%

2.2%

1.3%

Consolidated Same-Store Sales

-3.7%

-0.5%

-3.0%

-1.8%

-1.1%

-1.7%

International same-store sales for the quarter represent the 16-week period ended June 23, 2012 versus the 16-week period ended June 26, 2011.

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